We apologize, but the forums are closed for new posts. Click Here To Join The Unemployables Facebook Group

Welcome, Guest. Please login or register.
February 03, 2023, 05:02:51 am
Home Help Search Calendar Login Register

Welcome, Guest. Please login or register.
February 03, 2023, 05:02:51 am
Home Help Search Calendar Login Register

Author Topic: Would this be a good note structure for resale?  (Read 1930 times)

Offline fadi

  • Member
  • *****
  • Posts: 1698
    • Fadi Zeidan's Blog
Would this be a good note structure for resale?
« on: June 15, 2007, 09:27:36 am »
Hey guys,

I am selling on owner financing. The following are the terms:

$115k @ 9% Interest Only payments for 3 years. My plan is to hold the note, but if I need to quick sale lets say in 6 months, would I get a good price on such note? What would note buyers usually offer for such notes.
Location: San Antonio, TX
http://www.fadizeidan.com - All About Marketing Blog - A Must Read

Offline JasonAL

  • Member
  • ***
  • Posts: 120
Re: Would this be a good note structure for resale?
« Reply #1 on: June 15, 2007, 08:52:31 pm »
Hey Fadi,

Your payor's credit, employment, income & debt issues will
come into play as to how much a note buyer will quote you
on your held note.

Then again, you wouldn't have to sell the entire
note. The option of selling a partial is always at your disposal.


Offline real estate 001

  • Member
  • ****
  • Posts: 760
Re: Would this be a good note structure for resale?
« Reply #2 on: June 16, 2007, 09:44:00 am »
 :cool jason is correct in that you can sell all or part of your note /// as well more  to the point the pay record of the buyer  is  key if you hold the note for any time   are the payments on time  and for the full amount  as this would make it a good performming note


 to answer how much would a  buyer pay  if your buyer is paying as i said above  our note  buyers would pay  80% and better   for this note  as it would be a low risk 

 




SMF 2.0.15 | SMF © 2017, Simple Machines